BHP Billiton: Planning to Increase Exploration with Estimated Copper Price in 2035 to Rise 50%

Published: Nov 02, 2017 11:31 (GMT+8)

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With bearish prospect of copper brought by electric cars, the world’s largest mining company BHP Billiton Ltd. says it hopes to possess more copper reserves.

SHANGHAI, Nov.2 (SMM)－With bearish prospect of copper brought by electric cars, the world’s largest mining company BHP Billiton Ltd. says it hopes to possess more copper reserves. The company is now the world’s fourth largest copper producer. Daniel Malchuk, head of America department of BHP, saying on LME WEEK, “We hope to possess more copper mines resources in investment portfolio. The copper price is estimated to have over 50% rising space until 2035.”

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BHP LME WEEK copper

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